Rare Earth Magnet for EV Traction Motor Market Valued at 1980 USD Million in 2023, Expected to Reach 5700 USD Million by 2031
In 2023, the global Rare Earth Magnet for EV Traction Motor market achieved a valuation of 1980 USD Million. MarketsGlob projects that by 2031, the market will expand to 5700 USD Million, with a compound annual growth rate (CAGR) of 14.1% from 2024 to 2031.
Overview of the Report:
This comprehensive report provides an in-depth analysis of the Rare Earth Magnet for EV Traction Motor industry, examining segments by product types (Sintered Neodymium Magnet, Bonded Neodymium Magnet, etc), application types (BEVs, PHEVs, etc), sales channels (Direct Channels, Distribution Channel), Major players/manufacturers (JL MAG, ZHmag, Proterial (Hitachi Metals), Innuovo Magnetics, Shin-Etsu Chemical, etc) and covers regions and major countries (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa).
Get sample report (PDF) at: https://marketsglob.com/request-sample/?id=4714
Market Segmentation
Product Types:
The Rare Earth Magnet for EV Traction Motor Market includes various products tailored to meet diverse industry needs, such as (Sintered Neodymium Magnet, Bonded Neodymium Magnet, Others), Each product offers distinct features and benefits.
Application Types:
The applications of Rare Earth Magnet for EV Traction Motor span a wide range, catering to sectors including (BEVs, PHEVs, HEVs), demonstrating their adaptability and value across different fields.
Sales Channels:
Rare Earth Magnet for EV Traction Motor products are available through multiple sales channels, including Direct Sales and Dealerships, ensuring broad accessibility and availability.
Geographical Analysis
The report provides a detailed geographical analysis, covering major regions such as:
- North America (United States, Canada, Mexico)
- Europe (Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific)
- South America (Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America)
- Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa)
For a detailed Table of Contents, visit: https://marketsglob.com/report/rare-earth-magnet-for-ev-traction-motor-market/4714/
Leading companies driving the growth of the Rare Earth Magnet for EV Traction Motor market include JL MAG, ZHmag, Proterial (Hitachi Metals), Innuovo Magnetics, Shin-Etsu Chemical, Yantai Dongxing (YSM), TDK, Earth-Panda, Vacuumschmelze (VAC), Jingci Material Science, Chengdu Galaxy Magnets, Ningbo Jinji, Zhejiang Zhongyuan Magnetic, Zhejiang Zhongke Magnetic, Tianhe Magnetics. Their commitment to innovation and product quality underscores the crucial role of Rare Earth Magnet for EV Traction Motor in safeguarding valuable equipment across various industries.
